GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JTEKT Corp (NGO:6473) » Definitions » Dividend Payout Ratio

JTEKT (NGO:6473) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is JTEKT Dividend Payout Ratio?

JTEKT's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for JTEKT's Dividend Payout Ratio or its related term are showing as below:

NGO:6473' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.3   Max: 6.87
Current: 0.23


During the past 13 years, the highest Dividend Payout Ratio of JTEKT was 6.87. The lowest was 0.17. And the median was 0.30.

NGO:6473's Dividend Payout Ratio is ranked better than
62.18% of 743 companies
in the Vehicles & Parts industry
Industry Median: 0.27 vs NGO:6473: 0.23

As of today (2024-04-27), the Dividend Yield % of JTEKT is 2.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of JTEKT was 7.04%. The lowest was 0.89%. And the median was 2.29%.

JTEKT's Dividends per Share for the months ended in Dec. 2023 was 円0.00.

During the past 12 months, JTEKT's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of JTEKT was 37.90% per year. The lowest was -28.10% per year. And the median was 1.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


JTEKT Dividend Payout Ratio Historical Data

The historical data trend for JTEKT's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JTEKT Dividend Payout Ratio Chart

JTEKT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.87 0.30 0.30

JTEKT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.41 - 0.68 -

Competitive Comparison of JTEKT's Dividend Payout Ratio

For the Auto Parts subindustry, JTEKT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JTEKT's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where JTEKT's Dividend Payout Ratio falls into.



JTEKT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

JTEKT's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=30/ 99.9
=0.30

JTEKT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 38.75
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JTEKT (NGO:6473) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


JTEKT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of JTEKT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JTEKT (NGO:6473) Business Description

Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

JTEKT (NGO:6473) Headlines

No Headlines